Common use of Tranche 3 Clause in Contracts

Tranche 3. Subject to the terms and conditions of this Agreement, Borrower may request, and the Lenders shall severally (and not jointly) make, on or prior to the Amortization Date but only following and conditioned on the approval by the Lenders’ respective investment committees in their sole and unfettered discretion, in each case, no more than two (2) additional Term Loan Advances in minimum increments of Five Million Dollars ($5,000,000) (or if less, the remaining amount of Term Loan Advances available to be drawn pursuant to this Section 2.2(a)(iii)) in an aggregate principal amount up to Ten Million Dollars ($10,000,000) (such Term Loan Advances, the “Tranche 3 Advances”).

Tranche 3. Subject to the terms and conditions of this Agreement, Borrower may request, and the Lenders shall severally (and not jointly) make, in each case, beginning on or the Closing Date and continuing through the last Business Day prior to the Amortization Date but only following Date, and conditioned on the approval by the Lenders’ respective investment committees committee in their is sole and unfettered discretion, in each case, no one or more than two (2) additional Term Loan Advances in minimum increments of Five Million Dollars ($5,000,000) (or if less, the remaining amount of Term Loan Advances available to be drawn pursuant to this Section 2.2(a)(iii2.2(a)(iv)) in an aggregate principal amount up to Ten Fifteen Million Dollars ($10,000,00015,000,000) (such Term Loan Advances, the “Tranche 3 Advances”).

Tranche 3. Subject to the terms and conditions of this Agreement, Borrower may request, and the Lenders shall severally (and not jointly) make, on or prior to the Amortization Date but only following and conditioned on the approval by the Lenders’ respective investment committees in their sole and unfettered discretion, in each case, no more than two (2) additional Term Loan Advances in minimum increments of Five Million Dollars ($5,000,000) (or if less, the remaining amount of Term Loan Advances available to be drawn pursuant to this Section 2.2(a)(iii)) in an aggregate principal amount up to Ten Twenty Million Dollars ($10,000,00020,000,000) (such Term Loan Advances, the “Tranche 3 Advances”). (f) Subsection (d) of Section 4.2 (All Advances) is hereby amended and restated in its entirety as follows: